At Divis we believe results are important but we also believe how we achieve results is equally important. Our commitment to this principle is the key to sustaining our client's trust and confidence in our company.
Our governance structure enables us to manage all the major aspects of the company's business effectively through an integrated process that includes innovation, financial, strategic, risk and process planning. In particular, we made important changes in our processes for managing innovation. As a pharmaceutical company with a broad vision we are in the business of innovating new products and new processes whether we succeed depends largely on how we manage knowledge, creativity and the innovation of our people.
But innovation represents only one side of governance. The other side, corporate culture, is equally important. It is corporate culture championed by leadership and sustained by every employee and stakeholder within and outside the organization that determines good corporate governance.
Good corporate governance is about commitment to values and about ethical business conduct. It is about how an organization is managed. This includes its corporate and other structures, its culture, its policies and the manner in which it deals with various stakeholders. Accordingly, timely and accurate disclosure of information regarding the financial situation, performance, ownership and governance of the company, is an important part of corporate governance. Divis believes that this improves public understanding of the structure, activities and policies of the organization. Consequently, the organization is able to attract investors and to enhance the trust and confidence of the stakeholders.